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Forex Daily Outlook – November 6th 2009

The busy week comes to an end with the big announcement of the Non-Farm Payrolls. The job market is lagging behind other indicators. Is this going to change? There are other important events as well. Let’s review them: The day begins with the RBA Monetary Policy Statement from Australia. After the second rate hike this

Forex Daily Outlook – June 9th 2009

After the continuing comeback of the dollar at the wake of the new week, the greenback stopped to rest. Also Tuesday doesn’t provide too many indicators, but two things will stand out: German Industrial Production and a speech by Timothy Geithner. Let’s see what’s on the menu: Australian ANZ Job Advertisements start the day. The fell by

Forex Daily Outlook – May 8th 2009

The monthly circus of Non-Farm Payrolls is with us today: expectations got better (-590K), and I believe that it’ll be even better than this. There are a few other important economic figures. Let’s dive in: Australian RBA Monetary Policy Statement will start the day. After the impressing employment data in Australia, the decision to leave interest

Forex Daily Outlook – April 8th 2009

Today’s major events are Australian Home Loans, Canadian Housing Starts and the very interesting FOMC Meeting Minutes. Australian Home Loans disappointed with a modest rise of 0.4%, contrary to early expectations of a 2%. The Westpac Consumer Sentiment rose by 8.3%, totally different than last time, a fall of 0.1%. German Trade Balance showed a surplus

Forex Daily Outlook – March 10th 2009

After Monday didn’t bring us much news but some fine breakouts, Tuesday has a wide range data, with British Manufacturing Production and a speech by Ben Bernanke as the highlights of the day. Let’s see what’s up. Right at midnight GMT, the beaten British Pound will get more news: BRC Retail Sales Monitor and RICS House Price Balance

Forex Weekly Outlook – March 9-13 2009

After a wild week, the forex market returns to a rather normal week. Major events are the new interest rates from New Zealand and Switzerland, Japanese Final GDP, Australian and Canadian employment figures, American Retail Sales and Trade Balance in both Canada and the US. Here’s the menu for the second week of March: Monday,

Forex Daily Analysis – December 10th 2008

The US dollar continues to weaken, amidst a growing notion that not every financial sector will be bailed out by the Federal Reserve, or the American government. This notion fueled a fear of a wave of bankruptcies. Yesterday’s Consumer sentiment data from the USA was much lower than last month’s figure. A drop in consuming